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Masoud Pezeshkian, a heart surgeon who rose to power in parliament, runs to be Iran’s next president
Iranian lawmaker Masoud Pezeshkian, a reformist candidate for Iran’s presidency, faces challenges in convincing a disillusioned public to vote in the upcoming runoff election. Pezeshkian advocates for better relations with the West, a return to the nuclear deal, and less enforcement of the hijab law. Despite his efforts, voter turnout remains low, reflecting widespread disenchantment with the governing system.
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forexlive
June non-farm payrolls by the numbers — the headwinds are starting to blow
May’s job report exceeded expectations with +272K jobs added, surpassing the consensus estimate of +190K. Private sector job growth fell short at +160K compared to the prior +229K. Unemployment rate remained at 4.0%, with a participation rate of 62.5%. Average hourly earnings slightly declined, and various employment indicators showed mixed results for June. Analysts are closely monitoring private payrolls and discussing the Sahm Rule in light of the data.
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“The Supreme Court’s term ends with a rash of divisive rulings”
Justice Amy Coney Barrett downplayed the significance of a Supreme Court case on July 1st, leading to chuckles in the courtroom. The decision in Corner Post v Board of Governors of the Federal Reserve System was overshadowed by Chief Justice John Roberts’ later delivery of the presidential-immunity decision. However, dissenting Justice Ketanji Brown Jackson warned that the ruling could have far-reaching consequences, impacting government regulations and agency lawsuits.
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dw
Can Putin rely on India to boost Russia’s war economy?
After Moscow’s invasion of Ukraine, Indian oil imports from Russia surged, drawing criticism. India aims to maintain neutrality and enhance trade ties with Russia. Despite Western disapproval, India cites historical relations and economic needs. Ahead of talks between PM Modi and President Putin, both countries seek to boost trade amid global tensions. India faces challenges balancing ties with the West, Russia, and China.
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theglobeandmail
In a historic term, the U.S. Supreme Court did much more than boost Donald Trump
The U.S. Supreme Court’s recent rulings, including granting immunity to Donald Trump for official acts, reshaped U.S. law on environmental protection, white-collar crime, and public corruption. The decisions, mostly 6-3 with conservatives in the majority, limited agency authority, expanded jury trial rights, and overturned precedents. Critics fear reduced regulation and increased corporate power. Notable cases include SEC v. Jarksey and Ohio v. EPA.